Chairman and President

Mike Thompson is the Chairman and President of the Thomas Jefferson Institute for Public Policy, Virginia’s premier independent public policy foundation. This column reflects his opinions and not necessarily those of the Thomas Jefferson Institute. He can be reached at info@thomasjeffersoninst.org.

Written by Mr. Michael W. Thompson

February 2018

The Jefferson Journal: A Growing Economy Needs Regional Bank De-Regulation — By Michael Thompson. The Dodd-Frank Wall Street Reform is hobbling Virginia's regional banks and, in turn, hurting economic growth in the Commonwealth. In fact, Virginia has missed out on nearly $18 billion in annual GDP growth due to the improperly calibrated regulations on regional banks under Dodd-Frank. It's time to change it. Read It Here!

January 2018

Virginia's Hospitals: Their Financial Strength Improves —
A new study by the Thomas Jefferson Institute shows that the overall finances of Virginia hospitals have substantially improved between the numbers published in 2016 and those in December 2017. More important is the bigger picture: Since 2012, hospital profits have risen from $1.58 billion to $2.15 billion, hospital net worth has risen from $14.75 billion to $19.3 billion, and the number of hospitals operating at a deficit has fallen from 42 to 28. As hospitals argue for Medicaid expansion and monopoly-type protections provided by Certificate of Public Need laws, these are figures worth keeping in mind. Read It Here!